Your accounts payable are part of the lifeblood of your organization. Payables from First Midwest gives you advanced cash management that helps you meet payroll and pay vendors.
These services will help you manage your accounts payable predictably, safely and securely within your company's daily objectives and long-term strategy:
Commercial Credit Card
Consolidate multiple purchases into a single, streamlined payment with a Commercial Card from First Midwest,1 with personalized service to ensure you are getting the most out of your card program. First Midwest’s commercial card program is the perfect solution for increasing the float on your accounts payable and lowering your transaction costs.
Find the program that best fits your needs.
First Midwest can help your organization implement electronic transfers processed through the Automated Clearing House (ACH) network, including bill payments and direct deposits from employers and government benefit programs. Payments can be effective on a same-day or next-day basis.
Wire Transfer Services
Immediately move your funds virtually anywhere in the world with Wire Transfers, the fastest way to electronically send and receive funds. Unlike large dollar check transactions that might have delayed availability, your funds are available the same business day received. You can initiate wires online or via phone.
At First Midwest, you will have an experienced guide through the intricate world of international trade and payments—from import and export trade services to foreign exchange solutions.
More information on our International Services.
More information on our Foreign Exchange Services.
First Midwest Bank's Controlled Disbursement service helps you work your surplus cash while maintaining a reserve to fund disbursements. It provides the total amount of inclearing checks that have been presented against your Controlled Disbursement Account on an intraday basis to give you an accurate forecasting of daily cash outflow, enhancing your ability to make the most productive and profitable use of your company's cash resources.
Talk to one of our Treasury Management specialists about our payables solutions today.